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New Horizons > December 2000
The newsletter of the Ecumenical Church Loan Fund

New Horizons, the newsletter of the Ecumenical Church Loan Fund

 

ECLOF Philippines has supported 57 solidarity groups out of 132 active projects within the past three years of operations. All projects are unique.

Solidarity groups are made up of small entrepreneurs that have been in business for some time and are willing to venture into more productive activities. These groups have no legal entity but are knowledgeable in the trade of their businesses where most of their capitalisation comes from savings, or loans from private individuals or moneylenders who charge high interest rates.

 

News from NECs Up

Pilar Ramirez, of ECLOF BoliviaPilar Ramirez, of ECLOF Bolivia and a leading figure within the global ECLOF family, has won a prestigious prize for her work within the field of micro finance.

Major award for an ECLOF leader
The Inter-American Development Bank has awarded Ms Ramirez, who is president of Fondo Financiero Privado FIE S.A. of La Paz, its Excellence in Social Entrepreneurship Award. More than 100 candidates took part in the Inter-American Awards for Microenterprise Development, which has five sections. A prize giving ceremony was held in Barcelona, Spain on 19 October at the invitation of the Catalonian President Jordi Pujol.

 

Historic ECLOF-Oikocredit Joint SeminarUp

A joint ECLOF-Oikocredit seminar entitled ‘Signs of Hope, Jubilee 2000 and Credit to the Poor’ took place at the Ecumenical Centre in Geneva on 23 November to coincide with Oikocredit’s 25th anniversary celebration and the board meetings of both institutions.

The seminar brought together the boards and staff of both institutions to share and discuss why and how they are involved in working with fair credit and creating new signs of hope for those who are excluded from current credit systems.

 

Geneva Board NewsUp

Since 1977, the Christian Conference of Asia (CCA), in co-operation with EZE, has operated a community based savings and micro credit program. Under the aegis of CCA’s Development and Service desk, the programme works at village level. It promotes people’s participation, and supports self-help and sustainable development.

In June of this year, the CCA ran a workshop in Manila, Philippines, to evaluate the programme and explore strategies to improve it. Around 25 people attended from nine Asian countries. ECLOF Philippines organised field visits to micro finance projects for workshop members.

 

After my family, the bees. They are my passion and my daily bread.

I began to work with bees in 1978 to complement my income but I never thought I was going to fall in love with them! In 1996 I resigned from my job as a civil servant to dedicate myself full-time to bee keeping.

In spite of some heartache, due to bad harvests, I have never regretted my decision; if I had to work in an office for eight hours a day again I do not think I could adapt myself to it.

At the moment, I work on average for more than 13 hours a day; sometimes over many weeks I do not have any time off. However, I am doing what I love to do, and the freedom to work with and live from what one loves is without price.

 
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